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The German car industry could cut 190,000 jobs by 2035

The president of the German Association of the Automotive Industry Hildegard Müller warned at the Hart aber (“Tough but fair”) presentation that around 190,000 jobs in the sector could be at risk by 2035, the newspaper said. BILD.

This applies not only to the concern of Volkswagen, which is suffering from a serious crisis, but also to many suppliers. Experts note that similar risks to the industry are also associated with the transition to electric vehicles.

According to Müller, the development of the automotive industry in Germany is hampered by problems with high energy costs, bureaucracy and labor costs.

“We are too expensive in terms of energy costs. We are too expensive in terms of bureaucracy and labor costs. If we do not get these problems under control, the car industry will go its own way, but not with growth, added value and jobs in Germany.” Mueller explained.

The president of the Automotive Industry Association also noted that Germany is still one of the largest producers of electric vehicles, but the ban on internal combustion engines and the lack of infrastructure for electric cars are cutting the cause for concern among consumers and manufacturers.

A day earlier, it became clear that the Volkswagen car concern plans to close three of its 10 plants in Germany, as well as significantly reduce the work of the others. In addition, the company’s management plans include a reduction in wages and the transfer of entire departments to outsourcing abroad.

2024-10-29 14:10:00
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